I've come across some good trading strategies: buy breakouts, support and resistance, moving averages, gap plays, trendline breaks,etc What is your highest probabilty trade and how do you manage it??
You can certainly apply Gaussian statistics to market data and come up with a probability, but the assumptions you have to make are dubious at best. Gaussian stats just aren't generally a good model for markets. However, I don't think that any other form of statistics (fractal stats for example) are any better at modeling the markets either.
This relates to what I also think. Go where there are a lot of buyers and sellers. One of them will be defeated. You ride with the winners.
jack hersey's SCT has 99% win rate and you can make three times the intraday range. id look into that if i were you. I would trade it myself but i believe i dont deserve to make that much money.